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As a subscriber you can listen to articles at work, in the car, or while you work out. Subscribe NowZimmer Biomet and a former top executive whom the orthopedic equipment maker accused of stealing confidential information have agreed to end their legal fight only a few months after it started.
A stipulation of dismissal filed Monday in federal court states that all claims and counterclaims in the case should be dismissed with prejudice, and each party will bear its own fees and costs.
Both sides also released a statement saying that they have resolved their litigation with no admission of liability or wrongdoing by any party.
Warsaw-based Zimmer Biomet had sued former vice president of commercial transformation, Kristoff Goson, in July. The company accused Goson of stealing company secrets and breaching a non-compete agreement after he became the chief executive of competitor Pixee Medical.
The lawsuit was filed in U.S. District Court for the Northern District of Indiana.
Goson had worked for Zimmer Biomet for nearly 23 years, serving in several different roles, according to the lawsuit. The complaint also states that Zimmer Biomet terminated Goson for cause last March after determining that he had used personal email addresses to send himself “countless volumes” of the company’s confidential information.
Zimmer Biomet had asked the court to prevent Goson from using or disclosing the company’s confidential information. It also sought to prevent Goson from working for or lending assistance to Pixee for 18 months
Pixee, which was founded in 2017 in France, named Goson CEO on June 29. The company said in a news release that its new executive would lead Pixee’s global growth strategy and U.S. expansion.
The company noted that Goson led businesses generating more than $1 billion in annual revenue while at Zimmer Biomet.
Pixee said it produces an augmented-reality system that gives surgeons guidance for precise implant placement.
Zimmer Biomet, one of Indiana’s largest companies, designs and makes orthopedic equipment and surgical tools.
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